An announcement from Cullen Resources Limited ( (AU:CUL) ) is now available.
Cullen Resources Limited reported a half-year loss of $580,001, continuing its focus on mineral exploration activities. The company engaged in project generation, database reviews, field mapping, soil sampling, and drilling, with a significant focus on Western Australia. Notably, Cullen entered an Option to Purchase agreement for a site near Norseman, WA, and continued its joint venture projects, emphasizing its strategic positioning in the exploration of gold, nickel, and lithium. This ongoing exploration effort underscores Cullen’s commitment to expanding its resource base and potentially enhancing its market position.
More about Cullen Resources Limited
Cullen Resources Limited is a minerals exploration company focused on discovering deposits of gold, base, and battery metals. The company operates primarily in Western Australia and has a project in Finland managed by Capella Minerals Ltd for copper-gold exploration. Its main tenement interests include areas in the North Eastern Goldfields, Eastern Goldfields, Wongan Hills, Cue in the Murchison Province, Bromus South, and Barlee, focusing on gold, nickel, and lithium in pegmatites.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$3.47M
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